Article 1Establishment of a Joint Undertaking
1.For the implementation of the Joint Technology Initiative (hereinafter JTI) on nanoelectronics, a Joint Undertaking within the meaning of Article 171 of the Treaty (hereinafter the ENIAC Joint Undertaking) is hereby set up for a period up to 31 December 2017.
2.The seat of the ENIAC Joint Undertaking shall be located in Brussels, Belgium.